() has completed the acquisition of a majority stake in TCT IF, a limestone and logging operation in Mozambique.
Chief executive George Roach tells Proactive: ''This is an extensive limestone deposit ... and early test work we've done indicates solubility for agricultural lime and adequate calcium carbonate levels for cement plus a whole variety of other industrial uses for lime''.
The limestone deposit is next to a railway linking Tete to Beira, with the forestry business already having infrastructure in place and generating revenue.
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